Thu.Jun 20, 2024

article thumbnail

Decoding Surge Pricing: Will Customers Embrace or Reject It?

Beyond Philosophy

Learn more about Colin Shaw : Join over 80,000 people on our LinkedIn Newsletter list or visit our website for more great podcast episodes. Listen to the podcast: Surge pricing is a form of dynamic pricing. However, sometimes customers don’t see it this way. Depending on your perspective, surge pricing can feel like price discrimination. Surge Pricing takes advantage of peak demand.

Airlines 195
article thumbnail

Evaluate the reliability of Retrieval Augmented Generation applications using Amazon Bedrock

AWS Machine Learning

Retrieval Augmented Generation (RAG) is a technique that enhances large language models (LLMs) by incorporating external knowledge sources. It allows LLMs to reference authoritative knowledge bases or internal repositories before generating responses, producing output tailored to specific domains or contexts while providing relevance, accuracy, and efficiency.

Metrics 138
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How to Drive CX Action from Conversation Insights

Tethr

Learn how CX leaders can use conversation insights to drive business decisions across the organization.

107
107
article thumbnail

Create natural conversations with Amazon Lex QnAIntent and Knowledge Bases for Amazon Bedrock

AWS Machine Learning

Customer service organizations today face an immense opportunity. As customer expectations grow, brands have a chance to creatively apply new innovations to transform the customer experience. Although meeting rising customer demands poses challenges, the latest breakthroughs in conversational artificial intelligence (AI) empowers companies to meet these expectations.

APIs 119
article thumbnail

State of AI in Sales & Marketing 2025

AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.

article thumbnail

Effective Bank Customer Retention Strategies

Genroe

Discover effective bank customer retention strategies tailored to each stage of the customer life-cycle. Learn how to leverage customer feedback and personalization to keep your banking customers engaged, loyal, and satisfied. Explore the secrets of successful customer retention in the competitive world of banking. The post Effective Bank Customer Retention Strategies appeared first on Genroe | Customer Experience | Net Promoter Score.

More Trending

article thumbnail

Belize’s BPO Industry: A Look at Growth, Talent, and Cost Savings

Outsource Consultants

Introduction to Belize Call Centers Belize, a country nestled in Central America, has emerged as one of the region’s fastest-growing economies. This growth is partly fueled by the burgeoning Business Process Outsourcing (BPO) industry, specifically call centers. The very first call center in Belize opened its doors in 2005. Since then, the BPO industry has flourished due to several key factors: Cost-effectiveness: Outsourcing to Belize can offer significant cost savings compared to North A

article thumbnail

Connect to Amazon services using AWS PrivateLink in Amazon SageMaker

AWS Machine Learning

AWS customers that implement secure development environments often have to restrict outbound and inbound internet traffic. This becomes increasingly important with artificial intelligence (AI) development because of the data assets that need to be protected. Transmitting data across the internet is not secure enough for highly sensitive data. Therefore, accessing AWS services without leaving the AWS network can be a secure workflow.

APIs 113
article thumbnail

Cisco API Documentations Is Now Adapted for Gen AI Technologies

Cisco - Contact Center

A challenge for GenAI users is finding valid data for their prompts or Vector Databases. See how model output can be more accurate when OpenAPI documents are used as a part of a prompt.

APIs 64
article thumbnail

Why Your Appliance Repair Business Needs a Solid Marketing Plan?

OctopusTech

Do you own an appliance repair business? Then you must be looking to attract new customers to it. This is where a solid marketing plan can help you with it. It will help you to get closer to the people in your area. Whenever they have a broken appliance to fix, you can make profits. Still not convinced? Let’s deep dive and learn more about the benefits that an appliance repair marketing plan can offer.

article thumbnail

Next-Gen Cloud Contact Centers For Dummies®

What does customer service excellence look like in 2024? According to our report with insights from CX expert Shep Hyken, customer expectations are at an all-time high, and there’s a bigger shift toward self-service and leveraging AI capabilities.

article thumbnail

VDI Revolution: Intel Data Center GPU Flex Series and Cisco are Better Together

Cisco - Contact Center

The pairing of Intel Data Center GPU Flex Series and Cisco's UCS X-Series is transforming VDI environments. Discover how it adds value.

article thumbnail

Cultivating Emotional Intelligence in Your Workplace | AmplifAI

Amplifai Coaching Category

(EQ) is the key to better workplace relationships, enhanced problem-solving, and improved customer interactions. Learn how to cultivate EQ within your organization, measure its impact, and leverage the insights from our "EQ in Your HQ" webinar to create a more emotionally aware and successful workplace.

52
article thumbnail

Leveraging technology to empower refugees with secure and equitable access to information, resources, and opportunities

Cisco - Contact Center

In recognition of World Refugee Day, this blog highlights some of Cisco’s amazing partnerships that through early-stage investment by the Cisco Foundation, have enabled these partners to design, validate, replicate, and scale tech-delivered solutions that are driving impact to support refugees, migrants, and internally displaced persons.

article thumbnail

RG&E Introduces ‘Ava’ the AI Energy Customer Service Assistant

CSM Magazine

In a bid to enhance customer service efficiency and address longstanding issues, Rochester Gas and Electric (RG&E) has recently taken significant steps towards improving its customer communication strategies. Facing challenges with billing systems and customer service, RG&E has made headlines by hiring hundreds of new customer service agents and launching an artificial intelligence pilot program named Ava.

article thumbnail

The GTM Intelligence Era: ZoomInfo 2025 Customer Impact Report

ZoomInfo customers aren’t just selling — they’re winning. Revenue teams using our Go-To-Market Intelligence platform grew pipeline by 32%, increased deal sizes by 40%, and booked 55% more meetings. Download this report to see what 11,000+ customers say about our Go-To-Market Intelligence platform and how it impacts their bottom line. The data speaks for itself!

article thumbnail

The LA28 Games – Together

Cisco - Contact Center

Fran Katsoudas shares how Cisco’s LA28 partnership will push the boundaries of possibility through the lens of sport while embodying our company purpose to power a more inclusive future.

article thumbnail

Diving Deep into How an SMSF Financial Advisor Can Work with You

CSM Magazine

Self-Managed Superannuation Funds (SMSFs) have become increasingly popular among Australians seeking greater control over their retirement savings. The allure of SMSFs lies in their flexibility, investment options, and potential for cost savings. However, managing an SMSF is not a task to be taken lightly. It requires a deep understanding of regulatory requirements, investment strategies, and administrative responsibilities.

article thumbnail

Up your Quality of Life with Secure MSP Hub and Secure MSP Center

Cisco - Contact Center

All the MSP technology around us is meant to increase our productivity through tools and automation so that our quality of life can be improved.

article thumbnail

The Future of Live Betting in the Age of Big Data

CSM Magazine

Live betting has become one of the most popular types of online wagering worldwide. This is unsurprising, as millions of people follow sports globally, and with the ability to enhance the enjoyment that can be obtained by potentially earning a little money alongside it, it’s an activity that many have looked toward. Technology has made the activity more accessible than ever, as players can access their favorite sports and wager on them using portable devices.

article thumbnail

Case Study: Key Insights on Wait Times and Customer Service

Faster response times mean happier customers Are your customers on hold too long? Nearly half of consumers find hold times unacceptable, and a quarter will leave your brand because of it. Our latest report reveals how companies are affected by wait times and the impact on customer satisfaction. Read the report to get insights into the impact of long hold times and areas for opportunities.

article thumbnail

Case Study: A Strategic Approach to Driving Revenue Through Upselling

24-7 InTouch

In an industry where maintaining a competitive edge is crucial, consumer goods retailers face constant pressure to improve customer satisfaction and drive sales. Upselling can boost revenue and enhance the shopping experience, making it a vital strategy for sustained success. Our strategic training program helped a major sports retailer achieve outstanding results in both revenue growth and customer service excellence.

article thumbnail

ESSER Funding: Top 3 Ways to Make it Work

Cisco - Contact Center

Is your K12 school seeking technology funding? If so, discover the 3 ways you can leverage ESSER funding for new technologies that increase security, collaboration, and distance learning.

article thumbnail

Sabre Hospitality Launches SynXis Concierge.AI

CSM Magazine

Sabre Hospitality, a division of global software and technology firm Sabre Corporation, is primed to unveil an AI powered ‘concierge’ at HITEC Charlotte in the USA. The company says SynXis’ Concierge.AI uses advanced Generative AI to help hotels provide exceptional customer service. This introduction to Generative AI is a first for Sabre Hospitality, with an aim to extend the reach of customer service beyond conventional support agent abilities.

article thumbnail

The 11 Best Help Desk Ticketing Systems for 2024

Help Scout

Discover the top 11 help desk ticketing systems for 2024. Find the perfect solution to streamline your workflow, enhance collaboration, and boost customer satisfaction.

45
article thumbnail

The Ultimate Blueprint for an AI-First Contact Center

Start building the AI workforce of the future with our comprehensive guide to creating an AI-first contact center. Learn how Conversational and Generative AI can transform traditional operations into scalable, efficient, and customer-centric experiences. What is AI-First? Transition from outdated, human-first strategies to an AI-driven approach that enhances customer engagement and operational efficiency.

article thumbnail

The AI Revolution: Microsoft’s Impact on Customer Service Call Centers

CSM Magazine

Get ready for a game-changer in customer service call centers: Microsoft is about to launch a suite of AI-powered tools that leverages its expertise in AI. Copilot, already capable of summarizing emails and creating PowerPoint slides, will now assist in call centers, competing with industry players like Salesforce.com and Zoom. Microsoft’s AI tools aim to respond to customer queries with pinpoint accuracy by digging deep into company help manuals and serving up expert answers that save tim

article thumbnail

Evolving Player Journeys: Mastering VIP Management and Consultative Support

5CA

The post Evolving Player Journeys: Mastering VIP Management and Consultative Support appeared first on 5CA.

article thumbnail

Customer Service in the Face of the Cost of Living Crisis

CSM Magazine

With the cost of living increasing, companies are facing a double whammy: not only are they struggling to keep up with rising expenses, but they’re also expected to maintain exceptional customer service. As prices surge, consumers feel the pinch, and companies are no exception – they’re fighting to maintain quality while juggling skyrocketing operational costs.